Question: A company has two temporary differences resulting in deferred tax consequences. One difference results in a deferred tax asset; the other difference results in a

A company has two temporary differences resulting in deferred tax consequences. One difference results in a deferred tax asset; the other difference results in a deferred tax liability. the deferred tax asset is greater than the deferred tax liability. how should the company report the deferred tax consequences of the temporary differences on the balance sheet?

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